Memorial Park Offices

Investment Overview

Berkshire Hathaway HomeServices Florida Network Realty presents Memorial Park Offices, a two building office property at 4251 and 4253 University Boulevard South in Jacksonville, Florida. The property contains 14 suites in a landscaped setting near Memorial Hospital. County records identify approximately 8,584 square feet of heated interior space and 10,216 square feet of gross building area, including porches. Both buildings contain two stories and were built in 1972. Existing tenants provide an established tenant base, while available suites offer an opportunity to increase occupancy and rental income. The owner reports new plumbing and renovated bathrooms throughout all suites in 2020, with additional interior renovations completed in many spaces. Connecting Suites 401 and 402 offer flexibility for a larger occupant.

Investment Highlights

• • Two office buildings containing 14 suites
• • Approximately 8,584 SF of heated interior space
• • Approximately 10,216 SF gross, including porches
• • Southside location near Memorial Hospital
• • Opportunity to increase occupancy through leasing available suites
• • Owner reports plumbing and bathroom renovations throughout all suites in 2020
• • Landscaped setting with mature trees
• • Suites 401 and 402 can connect